Loan Processing Assistant

Surprise Insights; New York (NY); On-site; USD 40,000 - 50,000; Full time

Benefits offered by this job

Entry-level salary with performance incentives

Growth path into Loan Processor or Underwriting roles

Benefits depend on employer

Job summary

A financial services firm based in New York is seeking a Loan Processing Assistant to support the preparation and documentation of loan applications. This entry-level role involves verifying applicant data, maintaining logs, and preparing files for underwriting review. Candidates should possess strong organizational skills and a basic understanding of loan processes. The position offers a growth path into Loan Processor or Underwriting roles, along with performance incentives and benefits.

Qualifications

• Ability to handle confidential information with care.
• Familiarity with financial documentation.
• Entry-level position suitable for recent graduates.

Responsibilities

• Collect and review applicant documents.
• Verify loan application details for accuracy.
• Maintain processing logs and update application statuses.
• Coordinate with loan officers for missing information.
• Prepare files for underwriting and compliance.

Skills

Strong organizational skills

Basic understanding of loan processes

Proficient with Excel

Excellent communication skills

Tools

CRM systems

Job description

Job Overview

We’re looking for a Loan Processing Assistant to support the preparation, documentation, and verification of loan applications. This role ensures all applicant files are accurate, complete, and ready for underwriting review.

Responsibilities

• Collect, review, and organize applicant documents (IDs, bank statements, forms, etc.).
• Verify loan application details for accuracy and completeness.
• Maintain processing logs and update application statuses.
• Coordinate with loan officers, underwriters, and applicants for missing information.
• Prepare files for underwriting and compliance checks.
• Assist with follow-ups, document requests, and internal reports.

Requirements

• Strong organizational and documentation skills.
• Ability to handle confidential information with care.
• Basic understanding of loan processes and financial documentation.
• Proficient with Excel and CRM or loan processing systems.
• Excellent communication skills.

Compensation

• Entry-level salary with performance incentives.
• Benefits depend on employer.
• Growth path into Loan Processor or Underwriting roles.

Credit Score Requirement

Because the role interacts with sensitive borrower data, a credit check and background verification is required before interview scheduling.

AI in Recruitment

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

Seniority Level

Not Applicable

Employment Type

Full-time

Job Function

Finance and Sales

Industries

Transportation, Logistics, Supply Chain and Storage